SoftBank plans to build AI servers in the Ohio plant as part of the Stargate plan

Description

SoftBank Group has reportedly purchased Foxconn Technology Group’s Ohio plant to advance the Stargate AI data center project in collaboration with OpenAI and Oracle. The purchase was made at $375 million following the recent struggle experienced by SoftBank to raise funds for the support of the $500 billion Stargate plan. The nature of the sale has been private between the two companies, with sources declining to be identified. The acquisition aims to bring Foxconn into SoftBank’s plan to build ...